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20121222
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wall street doesn't want you to know. plus, it goes down as the most expensive election in history. the role dollars and donations played in the race to the white house. and, americans spent a staggaring amount of money at the box office this year. a look at what we watched. but first, matt shapiro, president of mws capital, joins us now for a look back at the standout stocks of 2012. good to have you on the show this morning. > > thanks a lot angie. > definitely facebook was the leader of the pack. it was the third largest ipo ever, and one of the worst opening days ever. > > what a typical disaster for today's vacuous electronic markets. but, if you held off, remember, it was $18.75 before its last earnings report, and bounced all the way up. so, not only was it the worst ipo, but, it was a story rebound stock. and it's kind of the age of 2012, was these big tech stocks. which one do you buy and where do you buy it? > there were good times and bad for apple. at one point it was the must-own stock, and then it was "you must sell quickly before the end of the year and take home you
to safety on the u.s. dollar. japan right now, we just had the election there. we are seeing what they are doing over there. they are devaluating the yen. the reason for that is they need to export. the yen is too strongly priced. their exports aren't going out. so they are doing a good job with that. also we are seeing the british pound - there's not a lot of comfort zone in there right now - we are seeing it come off of the $1.62 range. we are looking at the euro. the euro is definitely probably - "definitely probably" going to break under the $1.30 range, probably by the first week in january is what we are hoping for on that. > what about oil? > > what we saw was oil did break above $90 last week. that is part of the past. what we are looking at now is oil, there is a lot of oil inventory right now. we are 76% above where we were year-to-date last year. so right now what we are looking at is probably in the mid-to-lower $80s, hopefully by the end of this week. that would be sweet at the pump for all of our consumers. > they would love that gary. thanks for bringing that good w
Search Results 0 to 1 of about 2